Sunday 04 December 2022

Second-hand car prices reach record high in shrinking market

Second hand car prices have risen sharply to reach a new record, car sales platform Autoscout24 has said.

In October the average used car sold for an average of €24,428, up 16 percent compared to the same month the year before.

Dwindling availability is pushing up prices, causing sales to plummet by14%, recent figures from car industry body Bovag showed. Some 92,500 used cars were sold in October, the lowest number since 2014.

The sale of second-hand cars exploded during the pandemic, when public transport was restricted. Small cars, like the Volkswagen Golf and Volkswagen Polo, are most in demand, followed by the Audi A3 and Audi A4.

Thank you for donating to

The team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments. has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.